Mizuho Financial's Chief Steers Change

By

Atsuko Fukase

Updated Feb. 3, 2013 9:48 p.m. ET

Change is in the air at Mizuho Financial Group.

The 2011 earthquake that wrought devastation in Japan also sparked a massive systems failure for the nation's No. 2 bank, touching off a management overhaul and efforts to fix its fragmented structure. In July, Mizuho Financial will complete the merger of its wholesale and retail banking units, Mizuho Corporate Bank and Mizuho Bank.